The Asian smart meter market is forecast to reach $2.3 billion by 2020, according to a report by research firm Zpryme. In addition, Zpryme says Asia's total installed base of smart meters is projected to reach 467.2 million by 2020. According to Zpryme, total market volumes for China, Japan, Korea and the Association of Southeast Asian Nations show a fluctuating pattern because Asia is heavily influenced by ...

A joint venture led by China’s Guangxi Hydroelectric Construction Bureau posted the lowest bid for the upgrade of two generating units of Philippine government-owned Agus hydroelectric power complex. The joint venture of Guanxi Hydroelectric and ITP Construction Inc was named the lowest bidder in the auction held by state-run Power Sector Assets and Liabilities Management Corp (Psalm) for the uprating of Un ...

A Liberal MP has renewed his push for serious consideration of nuclear power generation in Australia, arguing the risks are overstated and disasters like Chernobyl and Fukushima can be avoided with modern technology and safety standards. In an article for the journal Energy News state MP for Davidson, Jonathan O'Dea, says nuclear energy is a "proven supplier of secure, affordable base load power" and the is ...

REpower Systems SE, a wholly owned subsidiary of the Suzlon Group - the world's fifth-largest* manufacturer of wind turbines - will change its name in 2014: thereafter the company will be called Senvion. REpower has been using its name under licence since 2001. The rights belong to a Swiss company that is now using this name itself. Therefore the external corporate design will be gradually changed. The Hamb ...

A Chinese solar firm will pay 3.0 billion yuan ($491 million) for assets of the main subsidiary of Suntech Power, a statement said, in the latest move to restructure the troubled former solar giant. Suntech Power announced in March that its main unit in China, Wuxi Suntech, would seek bankruptcy and restructuring. Once the world's biggest maker of solar cells and panels, Suntech sought market share by drivi ...

Australian thermal coal prices rose during the past week, bolstered by a rally in European coal prices, which hit an eight-month high of $90 per tonne this month. Australia's Newcastle weekly spot index rose to close at$84.56 per tonne on Friday, up from $83.86 a tonne a week earlier, data from online trading platform globalCOAL showed. But traders and analysts said prices were set to dip as bullish sentime ...

Fuel-cell energy developer AFC Energy PLC Thursday said it has entered into a commercialisation agreement with Waste2Tricity International Limited (W2T) to promote and develop its fuel cell products in Southeast Asia. Established in 2008, Waste2Tricity works with clients and partners to develop, fund and support energy-from-waste deployment projects. The agreement builds on a commercialisation deal for the ...

Three clean energy companies have announced new investments in Singapore on Thursday. The three firms are German solar project developer Saferay, US smart grid technology provider Demansys Energy, and Hanergy, the largest privately owned clean energy firm from China. Hanergy and Saferay will be establishing their international headquarters in Singapore. Hanergy said in a press statement that the global head ...

Russia's coal industry, reeling from a drop in domestic demand, hopes to increase exports to China, the world's largest consumer and producer of the fuel. "We expect to increase our coal exports to China and to countries in Southeast Asia by improving our port and rail infrastructure," Ivan Grachyov, chairman of the State Duma Committee for Energy, told reporters in a video conference. He said the governmen ...

With the construction of India's largest dam - the 2000MW Lower Subansiri project in Arunachal Pradesh coming virtually to a standstill - the National Hydroelectric Power Corporation Limited (NHPC) has sought to resume work at the site by reassuring people that the public sector unit has put best engineering practices in place to ensure safety of the project. Work at the project site in Gerukamukh, close to ...